Targa Electronics Company Limited entered into a sale and purchase agreement to acquire ACL International Holdings Limited from USmart Mobile Device Inc. (OTCPK:UMDI) on September 26, 2014. Under the terms of the transaction, Targa will pay $129 as purchase consideration in cash.

Targa Electronics Company Limited completed the acquisition of ACL International Holdings Limited from USmart Mobile Device Inc. (OTCPK:UMDI) on September 30, 2014.